Property Overview: 928 Ashburn Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Ashburn Street in the Minto neighbourhood is a compact, character property built in 1927. With 703 sqft of living space on a 2,545 sqft lot, it is notably smaller than average for Winnipeg, positioning it as an efficient, lower-maintenance option. Its assessed value is modest compared to the wider city, yet it is around the average for its immediate street and area, suggesting it is priced in line with its local market.
The primary appeal lies in its affordability and practicality. It represents a straightforward entry point into homeownership, particularly for first-time buyers or investors seeking a manageable rental property. Its smaller size translates to lower utility costs and less upkeep. A thoughtful perspective is that while the home is modest in scale city-wide, it fits comfortably within its established community, offering a sense of proportion and neighborhood consistency that larger, more expensive areas might not. It would suit buyers who prioritize financial accessibility and simplicity over space, or those looking for a strategic hold in a central location.
Section 2: Frequently Asked Questions
1. How does the home's size impact its value?
While the living area is below average for the city, the assessed value is competitive for the Minto area. This indicates you are paying primarily for the land and location, with the smaller home size being a key factor in its affordability.
2. What does the sold price history tell us?
The home sold between $250k-$300k in 2023, which was a strong price for the street at that time (top 23%). This suggests the property can attract competitive interest in an active market, despite its smaller footprint.
3. Is the older age (1927) a concern?
The age is typical for the street and area. Buyers should budget for potential updates common to homes of this era, but it also means the property is part of a well-established, historic neighbourhood fabric.
4. Who might this property not suit?
It likely won't suit buyers needing multiple bedrooms, dedicated home office space, or extensive room for growing a family. The layout and square footage are best for individuals, couples, or those comfortable with compact living.
5. How can I get more precise historical price data?
The exact sold prices are not published publicly. You can request this information directly via the provided email service to receive the precise figures for past transactions.